Short-Run Adjustments to Changes in the Economic Conditions Affecting the

Multiple Choice

Short-run adjustments to changes in the economic conditions affecting the
U.S. economy are

A) usually reflected by changes in prices because output and employment decisions are difficult to alter.
B) usually reflected by changes in output and employment because changes in prices appear to be too gradual to handle month-to-month fluctuation.
C) usually reflected by changes in output decisions, because the prices of the major sectors of the U.S. economy are controlled by government policy.
D) usually reflected by changes in pricing policy because of a need to keep abreast of foreign competition.
E) seen either in price changes or in employment changes depending on the specific circumstance.